Will Israel tell the world they are attacking.
In an attack surprise element is the biggest factor that decides the outcome

In last 10 days 4 to 5 new first time clients have registered their KYC with OVD docs
Now when aapplications for purchase of scheme is submitted kFintech has returned applications stating KYC is registered but not validated
Now what is this new twist in the tale KFin Technologies Ltd.

Money control shows Book Value as -10.51 that's minus 10.51 per share.

Vodafone Idea FPO opens today.
Price band Rs 10 to Rs 11.

What is the book value per share?

China + 1 is a googly being thrown by media influencers.
Our manufacturing to GDP ratio remains stagnant at the same level since 10 years.

Mutual Fund industry has 8.4 crore SIP accounts with an average SIP amount of Rs 2294.
SIP accounts continue to grow month on month.

This comes as no surprise to me.
S Naren CIO is known for his deep value buys.
Not a reco.

Consumer loans have grown at a CAGR of 21% in last 3 years
Credit Card loans have grown at 25% CAGR
New card issuances has grown at a CAGR of 18% in past 3 years

I think EV is more hype than substance.

I would be speaking on Valuing stocks using fundamentals.

AB Capital and L&T Finance are upping their digital offering.
Both are headed by ex ICICI alumni who understand tech.
I am told AB Cap app launched today offers a very good digital experience.
Not a reco.

I like businesses that under-commit and over-deliver on their guidance.
Anand Rathi Wealth has been one such company since its listing some 3 years ago.
This is not a recommendation.
I have a vested interest in this stock.

Yahan sab Jhol hai....

Buy low sell high is best formula to create wealth.
Best time to buy a good business is when there is extreme negativity

So many people were extremely bullish 2 years ago

Let me explain wealth management by the example of Nuvama
Nuvama demerged from Edelweiss in Sep'23, listed at 2500 fell to 2200 and in six months has delivered a return of more than 100%.
Discl : Interested and holding.
Not a reco.

Wealth Management and Broking are two different businesses.

The big daddy Jio Financial getting into Wealth Management business.
This is on expected lines.
Not a reco....

It's a world of copy, paste and repeat.
Because thinking something different and unique requires lot of effort and time.

Must have got some PE funding in last 1 year.
Last IPL they were missing from the scene.
Get funding, blow up the money.
Repeat....